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Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Research & Development : ¥106 Mil (TTM As of Mar. 2024)


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What is Qingdao Hiron Commercial Cold Chain Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Qingdao Hiron Commercial Cold Chain Co's Research & Development for the three months ended in Mar. 2024 was ¥22 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥106 Mil.


Qingdao Hiron Commercial Cold Chain Co Research & Development Historical Data

The historical data trend for Qingdao Hiron Commercial Cold Chain Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Qingdao Hiron Commercial Cold Chain Co Research & Development Chart

Qingdao Hiron Commercial Cold Chain Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.26 57.78 85.66 106.52 108.58

Qingdao Hiron Commercial Cold Chain Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.92 29.99 23.25 30.43 21.97

Qingdao Hiron Commercial Cold Chain Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥106 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Qingdao Hiron Commercial Cold Chain Co  (SHSE:603187) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Qingdao Hiron Commercial Cold Chain Co Research & Development Related Terms

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Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Business Description

Traded in Other Exchanges
N/A
Address
No. 1817, Yinzhushan Road, Huangdao District, Shandong, Qingdao, CHN, 266400
Qingdao Hiron Commercial Cold Chain Co Ltd is engaged in research and development, production, sales and service of commercial cold chain equipment. The company has a wide range of product types, including horizontal curved door freezer display cabinets, horizontal flat door freezer display cabinets, vertical freezer display cabinets, vertical refrigerated display cabinets, horizontal flat door refrigerated display cabinets, island cabinets, and air curtains.
Executives
Wang Yan Rong Director
Wang Cun Jiang Director
Zhao Ding Yong Director
Ma Hong Kui Director
Zhao Qi Director

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Headlines

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